Category: First Time Home Buyers

Homeownership Wins Over Time [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Housing Market Updates / Infographics / Move-Up Buyers

Homeownership Wins Over Time [INFOGRAPHIC]

Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991. Homeownership wins in the long run. If...

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Demographics / First Time Home Buyers / For Buyers / Gen Z / Millennials / Move-Up Buyers

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done...

3 Trends That Are Good News for Today’s Homebuyers

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers

3 Trends That Are Good News for Today’s Homebuyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here...

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect...

Pre-Approval Is a Critical First Step on Your Homebuying Journey

First Time Home Buyers / For Buyers / Move-Up Buyers

Pre-Approval Is a Critical First Step on Your Homebuying Journey

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is...

Should You Still Buy a Home with the Latest News About Inflation?

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers / Rent vs. Buy

Should You Still Buy a Home with the Latest News About Inflation?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life...

The Latest on Supply and Demand in Housing

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers

The Latest on Supply and Demand in Housing

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different...

The Emotional and Non-financial Benefits of Homeownership

First Time Home Buyers / For Buyers / Move-Up Buyers / Rent vs. Buy

The Emotional and Non-financial Benefits of Homeownership

With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with...

Tips For First-Time Homebuyers [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics

Tips For First-Time Homebuyers [INFOGRAPHIC]

Some Highlights If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your...